MBA in Finance Colleges in Maharashtra - Course Fee, Admission, Cut Off, Placements
MBA in Finance Colleges in Maharashtra - Course Fee, Admission, Cut Off, Placements
There are about 270+ MBA in Finance colleges in Maharashtra. Of these, 206 colleges are privately owned, 12 colleges are owned by public/government organisations, and public-private entities own 3 MBA colleges. CAT, CMAT, MAT, XAT, MAH CET, etc. are some of the most accepting entrance exams in top MBA in Finance colleges in Maharashtra. NMIMS Mumbai, SIBM Pune, SPJIMR, KJ Somaiya Institute of Management, IIM Nagpur, Welingkar Mumbai, National Institute of Bank Management, Pune Institute of Business Management, National Insurance Academy, Institute of Management and Entrepreneurship Development, etc. are some of the popular MBA colleges in Maharashtra for Finance.
There are about 270+ MBA in Finance colleges in Maharashtra. Of these, 206 colleges are privately owned, 12 colleges are owned by public/government organisations, and public-private entities own 3 MBA colleges. CAT, CMAT, MAT, XAT, MAH CET, etc. are some of the most accepting entrance exams in top MBA in Finance colleges in Maharashtra. NMIMS Mumbai, SIBM Pune, SPJIMR, KJ Somaiya Institute of Management, IIM Nagpur, Welingkar Mumbai, National Institute of Bank Management, Pune Institute of Business Management, National Insurance Academy, Institute of Management and Entrepreneurship Development, etc. are some of the popular MBA colleges in Maharashtra for Finance.
- MBA in Finance Colleges in Maharashtra: Highlights 2024
- MBA in Finance Colleges in Maharashtra with NIRF Ranking 2024
- MBA in Finance Colleges in Maharashtra: Admissions 2024
- MBA in Finance Colleges in Maharashtra: Exam Schedule 2024-25
- 4.1 What are the entrance exams accepted by Best MBA in Finance Colleges in Maharashtra?
- Private MBA in Finance Colleges in Maharashtra
- Govt. MBA in Finance Colleges in Maharashtra
- Region-wise MBA in Finance Colleges in Maharashtra
- 7.1 MBA in Finance Colleges in Pune
- 7.2 MBA in Finance Colleges in Mumbai
- 7.3 MBA in Finance Colleges in Nagpur
- MBA in Finance Colleges in Maharashtra: Fees Vs Salary
- Highest Salary Offered by MBA in Finance Colleges in Maharashtra
- Low-cost MBA in Finance Colleges in Maharashtra
- MBA in Finance Colleges in Maharashtra: Comparison
MBA in Finance Colleges in Maharashtra: Highlights 2024
MBA in Finance is becoming one of the most popular management degrees nowadays. MBA in Finance is a two-year postgraduate programme that offers vast career opportunities after course completion. MBA in Finance is offered by all top MBA institutes in India either as a specialisation or elective course in the second year of the degree programme. MBA in Finance requires a strong background in Mathematics and Accounting. Further, to be eligible for the MBA in Finance admission, candidates must make sure to have a minimum of 50 per cent aggregate or equivalent CGPA in a bachelor's degree from a recognised university.
The key highlights related to the best colleges for MBA in Finance in Maharashtra are mentioned below:
| Parameters |
Particulars/Statistics |
|---|---|
| Number of MBA Colleges |
270+ |
| Annual Fees |
INR INR 1-2 lakh: 76 colleges INR 2-3 lakh: 33 colleges INR 3-5 lakh: 37 colleges INR > 5 lakh: 96 colleges |
| Top Specialisations |
|
| Accepted Entrance Exams |
Predict your chances here: MBA Cutoff 2024 Predictor
MBA in Finance Colleges in Maharashtra with NIRF Ranking 2024
National Institutional Ranking Framework is a ranking methodology adopted by the Ministry of Education, Government of India, to rank institutions of higher education in India. The framework was approved by the erstwhile Ministry of Human Resource Development and launched by the Minister on 29 September 2015.
The table below shows the MBA Finance colleges in Maharashtra along with NIRF rankings for past three years, i.e. from 2022 to 2024:
| College Names |
NIRF 2022 |
NIRF 2023 |
NIRF 2024 |
|---|---|---|---|
| 17 |
17 |
13 | |
| 21 |
20 |
20 | |
| 25 |
21 |
21 | |
| 43 |
43 |
31 | |
| 71 |
45 |
63 |
READ MORE: MBA Courses
MBA in Finance Colleges in Maharashtra: Admissions 2024
The general eligibility criteria to get MBA admission in best colleges for MBA in Finance in Maharashtra are listed below:
- Candidates should have a bachelor's degree or an equivalent qualification in any discipline from a recognised university or institution with a minimum of 50% aggregate.
- Many Finance colleges in Maharashtra consider scores from national-level entrance exams such as MAH CET, MAT, XAT, CAT, CMAT, etc. Candidates are required to meet the minimum cutoff scores set by the respective colleges.
Are you preparing for CAT, CMAT and MAT?
- Free Online CAT Mock Test Series
- Download CAT Previous Years Question Papers
- Free Online CMAT Mock Test Series
- Free Online MAT Mock Test Series
MBA in Finance Colleges in Maharashtra: Exam Schedule 2024-25
The two most popular entrance exams accepted in top best colleges for MBA in Finance in Maharashtra are:
- MAH CET: Maharashtra Common Entrance Test or MAH CET is a management entrance test. Officially known as MAH MBA/MMS-CET, the exam is conducted by the State Common Entrance Test Cell, Maharashtra, for admission to management courses in various institutes in the state of Maharashtra.
- XAT: XAT (Xavier Aptitude Test) is a national-level management entrance examination conducted by XLRI, Jamshedpur for admission to MBA/PGDM programmes. XAT preparation needs at least six to nine months. Being one of the tougher MBA entrance exams among its peers, XAT requires dedicated time and effort.
- CAT: Common Admission Test (CAT) is a national-level management aptitude test for admission to the MBAcourses offered by 20 IIMs and over 1,200 B-schools in India. CAT question paper is divided into three sections: Verbal Ability and Reading Comprehension, Data Interpretation and Logical Reasoning and Quantitative Aptitude.
Listed below are the following admission dates for MBA Finance colleges in Maharashtra:
| Exam Name |
Dates |
Schedule |
|---|---|---|
| MAH MBA CET 2024 Exam | closed for 2024 |
|
| CAT 2024 Exam |
24 Nov '24 |
|
| XAT 2025 Exam |
5 Jan '25 |
What are the entrance exams accepted by Best MBA in Finance Colleges in Maharashtra?
Listed below are the various entrance exams accepted by best Finance MBA colleges in Maharashtra along with their number of colleges and cut off predictor:
| Exams |
Number of Colleges |
Cutoff Predictor |
|---|---|---|
| CAT |
203 |
|
| CMAT |
189 |
|
| MAT |
182 |
|
| XAT |
182 |
|
| MAH CET |
221 |
|
| ATMA |
160 |
READ MORE: MBA in Finance Course Syllabus 2024
Read more about CAT, XAT, and MAT accepting colleges:
Private MBA in Finance Colleges in Maharashtra
The table below shows the private top MBA Finance colleges in Maharashtra along with their total tuition fee:
| Private Colleges |
Total Tuition Fee |
|---|---|
| INR 25 lakh |
|
| INR 24 lakh |
|
| INR 15 lakh – INR 24 lakh |
|
| INR 14 lakh |
|
| INR 8 lakh – INR 50 lakh |
Govt. MBA in Finance Colleges in Maharashtra
The table below shows the government top MBA Finance colleges in Maharashtra along with their total tuition fee:
| Public/Government Colleges |
Total Tuition Fee |
|---|---|
| INR 19 lakh |
|
| Shailesh J. Mehta School of Management, IIT Bombay Admission |
INR 20 lakh |
| INR 4 lakh – INR 7 lakh |
|
| INR 88,000 |
|
| Department of Management Sciences, Pune University Admission |
INR 1 lakh |
READ MORE: MBA in Finance Course Admissions 2024
Region-wise MBA in Finance Colleges in Maharashtra
Listed below are the state-wise distribution of MBA Finance colleges Maharashtra.
MBA in Finance Colleges in Pune
The table below shows the top MBA in Finance colleges in Pune along with their NIRF ranking (2024) and total tuition fee:
| College Name |
NIRF Ranking (2024) |
Total Tuition Fee |
|---|---|---|
| 13 |
INR 22 lakh |
|
| 91 |
INR 14 lakh |
|
| 101-125 |
INR 8 lakh – INR 30 lakh |
|
| 101-125 |
INR 9 lakh |
MBA in Finance Colleges in Mumbai
The table below shows the top MBA in Finance colleges in Mumbai along with their NIRF ranking (2024) and total tuition fee:
| College Name |
NIRF Ranking (2024) |
Total Tuition Fee |
|---|---|---|
| 21 |
INR 12 lakh |
|
| 20 |
INR 22 lakh |
|
| 84 |
INR 14 lakh |
|
| NA |
INR 6 lakh |
MBA in Finance Colleges in Nagpur
The table below shows the top MBA in Finance colleges in Nagpur along with their NIRF ranking (2024) and total tuition fee:
| College Name |
NIRF Ranking (2024) |
Total Tuition Fee |
|---|---|---|
| 101-125 |
INR 14 lakh |
|
| 31 |
INR 19 lakh |
|
| Central Institute of Business Management Research and Development |
NA |
INR 2 lakh |
| NA |
INR 16 lakh |
To learn more about MBA in Finance colleges in other locations, click on the below link:
- MBA in Finance Colleges in Navi Mumbai
- MBA in Finance Colleges in Kolhapur
- MBA in Finance Colleges in Nashik
- MBA in Finance Colleges in Aurangabad
MBA in Finance Colleges in Maharashtra: Fees Vs Salary
Return on Investment (ROI) shows how much profit or benefit you get if you pursue a course from a particular college. It assesses the return of the fee invested by the candidate while studying and the return he/she gets in the form of placements.
Listed below are the Finance MBA colleges in Maharashtra along with their total tuition fee and annual average package:
| College Names |
Total Tuition Fee |
Annual Average Package |
|---|---|---|
| INR 24 lakh |
INR 24 LPA |
|
| INR 15 lakh – INR 24 lakh |
INR 29 LPA – INR 32 LPA |
|
| INR 19 lakh |
INR 17 LPA |
|
| INR 14 lakh |
INR 9 LPA |
|
| INR 14 lakh |
INR 11 LPA |
READ MORE: MBA in Finance Career scope
Highest Salary Offered by MBA in Finance Colleges in Maharashtra
The table below shows the average placement package offered by top recruiters who participated in top MBA in Finance colleges in Maharashtra:
| College Names |
Annual Average Package |
Top Recruiters |
|---|---|---|
| INR 24 LPA |
Fullerton, Kroll, Luminous, Aditya Birla Capital, EY, PwC, etc. | |
| INR 29 LPA – INR 32 LPA |
Asian Paints, Godrej, HUL, Nestle, Castrol, etc. | |
| INR 17 LPA |
Adani Group, TATA ELXSI, Nucleus Software, etc. | |
| INR 9 LPA |
Adani Group, Airtel, Amazon, Deloitte, Morgan Stanley, etc. |
|
| INR 11 LPA |
HDFC, Yes, PwC, EY, Tata Capital, etc. |
Low-cost MBA in Finance Colleges in Maharashtra
It is estimated that joining the top MBA in Finance colleges in Maharashtra might be expensive as most have tuition fees of more than INR 5 lakh. However, there are some affordable colleges having tuition fees of less than INR 1 lakh which are mentioned below:
| Low-cost Colleges | Tuition Fee |
|---|---|
| IndSearch Institute of Management Studies and Research, Law College Road Campus | INR 40,000 |
| Dhole Patil College of Engineering | INR 61,000 |
| Shri Shivaji Maratha Society’s Institute of Management & Research | INR 70,000 |
| Punyashlok Ahilyadevi Holkar Solapur University | INR 88,000 |
| Unique Institute of Management (UIM, Pune) | INR 70,000 |
MBA in Finance Colleges in Maharashtra: Comparison
The table given below shows the comparison of top MBA in Finance colleges in Maharashtra:
MBA in Finance Colleges in Maharashtra - Course Fee, Admission, Cut Off, Placements
Commonly asked questions On MBA in Finance Colleges in Maharashtra - Course Fee, Admission, Cut Off, Placements
Pune Business School admissions to PGDM course is completely entrance-based. PBS Pune accepts various national-level entrance exams like CAT, MAT, XAT, CMAT, ATMA and GMAT. Aspirants are required to appear for any one of these entrance exams and submit the scores at the time of filling application form. Candidates qualifying any of the specified exam will be called for GDPI. The interview will be conducted in two rounds-one with the faculty member and second with the director. Only after the completion of the selection rounds, shortlisted candidates can pay fee to confirm their admission.
CMAT 2025 was on January 25, 2025, almost four months ahead of previous years. The CMAT exam is usually held in March-April, but in 2023 and 2024, it was held in May. The last time CMAT was held in January was in 2019.
The NTA announced registration dates via an official circular, which was released online on the NTA website on November 14, 2024. The CMAT 2025 exam schedule includes registration window open and close dates and form correction dates. CMAT 2025 registration has started, and the last date to apply was December 13, 2024, and the admit card was released on January 20, 2025.
MBA course is a two-year postgraduate level degree program focusing on Management, Business, and Entrepreneurial concepts. Students can check the list of career options available after completing MBA from NICMAR University:
| Job Profiles | Description | Average Salary (in INR) |
|---|---|---|
| Business Analyst | A Business Analyst is a professional who works within an organisation to analyze, understand, and document the business processes and systems. | 9.5 LPA |
| Investment Banker | An Investment Banker is a finance professional who works within an investment bank or a financial institution, specializing in providing financial advisory services and raising capital for corporations, governments, and other entities. | 5 LPA |
| Chief Financial Officer | The CFO is a high-level executive responsible for managing an organization's financial actions, strategies, and operations. | 47.1 LPA |
MET Institute of PGDM offers PGDM course for a duration of two-years. This course is offered across two specialisations namely, Media & Entertainment and e-Business. The latter is offered across five other specialisations. These are Finance, Marketing, Human Resources, Operations and Systems. Additionally, MET has also introduced five NEW AGE add-on specialisations in FinTech, MarTech, EduTech, Healthcare Management, Start-ups and New Enterprise Management.
Commonly asked questions On MBA in Finance Colleges in Maharashtra - Course Fee, Admission, Cut Off, Placements
No, candidates who apply for BITSoM Mumbai MBA course cannot get direct admissions. To gain admission into MBA at BITSoM Mumbai, candidates must appear for one of CAT, GMAT, GMAT Focus or GRE.
If the candidate is selected, they will be called for the personal interview round.
PGDM is a 2 years programme and the fee for this course is 8.46 lakhs. It includes the tution fee, development fee, and the examination fee
For the hostel fee you have to pay additionally. Fee structure may vary for the different courses. Fee can also be paid in installments. Financial aid is also available for the economically weaker sections
Yes, candidates can get admissions to the MMS course without CAT scores, because TIMSR Pune accepts different entrance examination scores according to the domicile of candidates. Therefore, for Maharashtra candidates, the institute accepts the valid scores from MAH-MBA/MMS-CET conducted by the DTE. Moreover, for other Indian students, the institute accepts the relevant scores from CAT/XAT/CMAT, etc. Hence, CAT can be considered as one of the entrance exams to get admission into MMS at TIMSR Pune. However, it is not compulsory.
One important factor that applicants must keep in mind is 15% of All India Quota Seats will be filled through CAT & CMAT, and they should have obtained the requisite score.
VIT Mumbai MMS admission is provided to applicants who fulfil the preset eligibility criteria. The VIT Mumbai MMS eligibility criteria is as follows:
- The candidate should be an Indian National;
- The candidate must have passed a Bachelor's degree of at least three years, from a recognised university with a minimum of 50% (45% in the case of candidates belonging to backward class categories and Persons with Disability belonging to Maharashtra State only)
DY Patil College of Engineering in Akurdi, Pune is outstanding through its particular instructional surroundings and the presence of multiple institutes on its expansive, well-designed campus. Affiliated with Savitribai Phule Pune University and authorized by way of AICTE, New Delhi, the college boasts nicely-geared up laboratories and a committed, prompted, and properly-certified faculty. Notably, the university has a unique get dressed code, requiring students to put on a white blouse, black pants, and black shoes, except on Wednesdays and Saturdays, adding to the overall specific lifestyle of DY Patil College of Engineering.
Commonly asked questions On MBA in Finance Colleges in Maharashtra - Course Fee, Admission, Cut Off, Placements
The highest salary package offered in Symbiosis Institute of Business Management is 26 Lacs per annum, and the average salary package offered here is between 8 Lacs per annum - 9 Lacs per annum.
Whereas, the highest salary package offered in Nagpur Institute of Technology is 4.5 Lacs per annum. The average salary package offered is 3.5 Lacs per annum.
So as per this data, I think Symbiosis Institute of Business Management is a better and right choice since it offers the highest number of packages for MBA.
Many top companies participate in the placements drive of the institute. Candidates can also take part in the off campus placements drive. The list of top recruiters during Kirloskar Institute of Management placements is presented below:
Kirloskar Institute of Management Top Recruiters | |
|---|---|
Deloitte Consulting India Pvt Ltd | Alfa Laval India Pvt Ltd |
G4S Corporate Services Pvt Ltd | ANZ Bank |
TTK Prestige Ltd | HDFC Bank Ltd |
Grant Thornton | Kirloskar Group |
VE Commercial Vehicle Ltd | IDFC First Bank |
Reliance Retail Ltd | Paytm |
MIT Vishwaprayag University admission 2025 is open. Till now, no schedule has been released by the university. Since the application portal is ongoing, candidates can apply online for their desired course by visiting the university's official website. The university offers various courses at UG and PG levels To get admission at MIT Vishwaprayag University, candidates will be selected based on entrance exam scores accepted by the university.
Balaji Institute of International Business has recorded a placement rate of 100%. Candidates can refer to the table to know the highest package offered during BIIB placements 2022:
| Particulars | Statistics |
|---|---|
| Highest Package 2022 | INR 19.25 LPA |
| No of Offers recieved | 903 |
ASM IBMR Pune offers good placements annually for its various courses like MBA and MCA courses. As per the latest report, the the highest packages offered to MBA and PGDM during IBMR Pune placement 2025 stood at INR 12 LPA and INR 24 LPA respectively. The key highlights of ASM IBMR Pune placements for the MBA/PGDM Class of 2025 are tabulated below:
Particulars | Placement Statistics (2025) |
|---|---|
Highest package | INR 24 LPA (PGDM) INR 12 LPA (MBA) INR 8 LPA (MCA) |
Average package | INR 7.5 LPA (PGDM) INR 4.2 LPA (MBA) INR 4 LPA (MCA) |
Commonly asked questions On MBA in Finance Colleges in Maharashtra - Course Fee, Admission, Cut Off, Placements
The placement rate recorded during IMDR Pune placements 2025 for PGDM was 93%.
IBS Pune offers scholarships under various schemes, to be eligible to apply for IBS Pune scholarships, check the pointers below:
- For Toppers in IBSAT scholarship, candidates must secure top ranks in IBSAT.
- Wards of IBS Alumni scholarship is offered to children of IBS alumni applying for the MBA/PGPM programme.
- Wards of Defence Personnel (In-service/retired) from Army, Airforce, Navy, and Paramilitary Forces scholarship is offered to children of in-service or retired defence personnel from these forces applying for MBA/ PGPM program.
Symbiosis Institute of Digital and Telecom Management, Pune (SIDTM) was formerly known as SITM. Symbiosis Institute of Digital and Telecom Management is a constituent of and an Indian business school established in 1996 in Pune, Maharashtra. The institution is established under the UGC Act 1956 and was accredited by NAAC with an ‘A’ grade.
Symbiosis Institute of Digital and Telecom Management placement has evolved to keep up with the industry's changing trends and requirements. Meanwhile, the Symbiosis Institute of Digital and Telecom Management placement cell conducts summer placements where 100% of students got placed in the batch 2019-20 and the highest stipend offered for the domestic internship was Rs 80,000 for the entire duration. Symbiosis Institute of Digital and Telecom Management placement cell and training at the campus supports the SIDTM
ATLAS SkillTech University MBA is non-refundable under all circumstances. Once application is submitted and the fee is paid, no refund is processed. This policy applies even if the application is withdrawn later.
PCU admissions are based on merit and entrance exam scores as per the course requirements. The universityprovides UG, PG and PhD courses. The courses are provided in various streams like Engineering, Computer Application, Management, etc. The university accepts national entrance exams like JEE Main, MH-CET, NID, UCEED, etc.